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MediaTek acquires 53% of outstanding MStar shares; to proceed with merger deal

Cage Chao, Taipei; Steve Shen, DIGITIMES Asia Friday 10 August 2012 0

MediaTek has acquired a total of 282.37 million shares, or 53%, of MStar Semiconductor's outstanding shares through a tender offer, meeting the requirements to proceed with the merger deal agreed between the two IC design houses, according to an announcement...

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